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Lockheed Martin Announces New Executive Appointments At Aeronautics

Lockheed Martin [LMT] yesterday announced several new executive appointments at its Aeronautics segment, including naming a new chief for the F-35 Joint Strike Fighter program. Larry Lawson, who is currently executive vice president and general manager for the Air Force F-22 fighter program, will take over the same position on the F-35 program beginning June 7. "With F-35 aircraft designs completed, 16 of 19 test aircraft delivered, all three variants of the F-35 in ground and flight test including critical…

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Congress Updates

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]


Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]


CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]


House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]